6 Ways Businesses Can Help Safeguard Their Business and Their Bottom Line According to the Association of Certified Fraud Examiners reports, U.S. businesses will lose an average of 5% of their gross revenues to fraud. As fraud schemes become increasingly intricate, any company, regardless of size or industry, can fall victim. To combat the ever-evolving list of scams, here are six of the most valuable tactics to… Read More
5 Ways to Help Your Business Thrive in an Economic Downturn Every week, economists are either predicting a full-blown recession or speculating that we may skirt around one. But with factors like high-interest rates, increased unaffordability, rising oil and gas prices, resumed student debt repayments, and a looming government shutdown, one thing is evident: consumers and businesses will have a lot less dispensable cash. A Harvard… Read More
Meet DNA Vibe: FirstBank Business Customer and Coolest Thing Made People’s Choice Award Winner Colorado is home to an astounding amount of locally owned businesses and manufacturers making a difference across the nation. Whether it’s designing and developing wearable technology or inventing groundbreaking products, The Coolest Thing Made contest sheds light on some of the state’s greatest innovations. We chatted with founder and owner of DNA Vibe, Perry Kamel,… Read More
From Cash Flow to Culinary Success: Hapa Sushi Grill & Sake Bar Well-known Colorado staple Hapa Sushi Grill & Sake Bar recently moved their business banking relationship to FirstBank. Since their founding, they’ve expanded to four locations across Denver Metro and Boulder, offering a fusion between Japanese and Hawaiian cuisine. And, they launched Motomaki, a fast-casual sushi burrito and bowl restaurant with three locations in Colorado. We… Read More
How Morrison Backflow Testing Keeps Business Flowing FirstBank’s recurring Business Banking Spotlight champions local businesses. Learn about each unique company and hear from business leaders as they discuss ways to overcome adversity and find success. Today, we’re highlighting Arvada-based, Morrison Backflow Testing. Briefly describe your business. Morrison Backflow Testing tests and repairs backflow prevention assemblies. These are plumbing devices that prevent… Read More
Find Out How Your Product Can Be Named Colorado’s Coolest Thing Made FirstBank has always been a passionate supporter and promoter of local businesses. This is why we’re especially excited to partner with The Colorado Chamber of Commerce (CCOC) on their Coolest Thing Made contest, which celebrates the state’s manufacturing industry. Fun fact: Over 4,900 manufacturing firms contribute more than $28 billion to Colorado’s economy, accounting for 6.58% of… Read More
Cinco préstamos de Negocios que apoyan a su negocio Estos cinco préstamos podrían ayudarle a crear o hacer crecer su negocio Es justo decir que muchos propietarios de negocios preferirían financiar su negocio ellos mismos y usar su propio efectivo para crecer, especialmente en un entorno de tasas en aumento. Sin embargo, a veces las negocios necesitan acceso a dinero que actualmente no tienen… Read More
Guía de Prevención de Fraude Comercial Recientemente, el sector bancario ha notado un aumento en los intentos de fraude con cheques y FirstBank está comprometido a ayudar a nuestros clientes a prevenir este tipo de ataques. Cualquier empresa, sin importar su tamaño, ubicación o industria, puede ser víctima de fraude. Hay varias tácticas para evitar el fraude eficazmente, pero puede resultar… Read More
How to Start a Business Right So, you’ve come up with a great business idea and you’re ready to take your industry by storm. What now? We have some answers that can help you take your idea and make it a success, starting with these four steps. 1. Sharpen the concepts When starting a business – as a record 3.4 million… Read More
FirstBank is Helping Businesses get BIG (Again)… FirstBank values a healthy and mutually beneficial relationship with every customer. This rings especially true with local businesses, who strive to grow and help their communities at the same time. Here’s the thing: we want our customers to succeed, because their success becomes our success. Pretty simple philosophy, actually. This is one of the many… Read More